TAGS: Skin Care
Sirona Biochem Corp. exhibits at The Personal Care and Homecare Ingredients trade show (PCHi 2019) in Guanzhou China Feb 26-28th 2019. It principally promotes its novel skin lightening agent TFC-1067 in addition to its anti-wrinkle and anti-aging compounds.
Pathway to Commercialize
Sirona’s business development team in China, will be supported by a large Chinese cosmetic distribution company. The distribution company is working closely with Sirona through a memorandum of understanding to establish an optimal pathway to commercialize TFC-1067 into the Chinese skin lightening market. The PCHi 2019 will introduce Sirona’s technology to an estimated 75 cosmetic companies and numerous market experts. The business development team assembled has local knowledge and expertise that allows Sirona to navigate this immense opportunity.
Asia – The Largest Growing Segment
Thanks to the efforts of PRC Partners Limited, Sirona has established a strong and experienced team with the diverse skill to navigate the optimal pathways to commercialize into this market. The global skin lightening market is estimated to grow to US$31.2 billion by 2024. Asia makes up the largest and fastest growing segment of the market.
Sirona would also like to thank the strong support for our recently announced financing which has been filed with the TSX Venture exchange. The Offering is subject to TSX Venture Exchange (“TSXV”) final acceptance of requisite regulatory filings. When approved by the TSXV, a news release will be issued by the company.
Source: Sirona Biochem